India bans sugar exports until September 2026 to cool local prices
May 14, 2026
India on Wednesday banned sugar exports with immediate effect until September 30, 2026, or until further orders, the government said in a notification, as the world's second-largest sugar producer tries to rein in local prices.
The move is likely to support global white and raw sugar prices, while allowing rival producers Brazil and Thailand to boost shipments to Asian and African buyers.
India, the world's biggest sugar exporter after Brazil, allowed mills to export 1.59 million metric tons, betting output would exceed domestic demand. But production is now expected to lag consumption for a second consecutive year as cane yields weaken in major growing regions.
Forecasts that El Nino weather conditions could disrupt this year's monsoon have also raised the risk that next season's output falls below initial estimates.
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